Topic: is it risky to turn all my money to bitcoins? - page 8. (Read 37346 times)
Well, to some extent I will say it is risky to convert all your money to Bitcoin because of the volatility of Bitcoin.Be comfortable with the amount you are ready to lose however with high risk you can also get high reward. I think if you have a good understanding then you can gain a large portion of profit by investing your money.
Every day bitcoin price is increasing but money price is not increasing. So I think you should convert your all money to bitcoin. If you convert your all money to bitcoin then you will receive a great profit in far future. You can invest in here but I suggest not all of your noney. Because in this business you can either earn big or you wil loss. But at this moment the value of bitcoin is really high. So bitcoin is getting stronger.
It is 100% risk so never put your all eggs in one basket. always trade with controlled investment and don/t think or wish to become rich overnight. wait,hold and keep calm.
You do not really need to spend all your income to earn bitcoins, Just by working in campaigns or doing services that will benefit for ico's platform they will pay you coins.It can be too dangerous if things does not go right as per you then you may loose a huge amount of your money unless it is extra then its fine.
i think if we know that everything that we invest have a risk then we should know that investing in bitcoin is also risk and we don't have to risk all of our money with bitcoin. You need something as a reserve in case you need to repair your car or buy a new fridgerator or something.
If you master and know how to turn your money into a lot more money.i think we need to take risk in order to see and do more new things to make our self better and make a lot of experience on it.even if we cant gain profit at least we learn on different things.because the best preparation of tommorrow is the correct used of today. Just keep this saying in mind, Invest only what you can afford to lose, regret later because you didn't even try.
We all know that nowadays bitcoin is truly profiting and is tempting to invest on, however, investing all your finances and resources to bitcoin is not a good idea in my opinion, bitcoin is a highly unstable product, You might lose all your investments in a day if given the chance, So save some for yourself and have a regular job in order for you to have your finances secured.
Yes it would be risky, as you would be hedging all of your funds on a single cryptocurrency. If you've done your research on Bitcoin and have determined for yourself that Bitcoin is the best place to put it, then go for it. However, there are hundreds of other investment options out there that you should consider. You may also want to consider diversifying your investments as well.
Bitcoin is an investment method. So as every investment is carrying a risk bitcoin is also carrying a risk. So you had better to invest the amount you can tolerate to loss only
Bitcoin's volatility makes it very risky investment. There can be time when you invest on it and it went down deep the next morning. But that's only normal because if you only know the history of bitcoin, it always rises back when it falls down. Overall, bitcoin is dominant in price hike than the other way around.
It will be a good investment if you give a little fraction of your money to other alternate coins. The more cryptocurencies you have in your portfolio, the better.
This is likely to happen. Because I think there is no market that brings us much profit is a safe market. For bitcoin it gives us a huge profit and the risk of it is very high.
Yes, because bitcoin is investasi
Just think that you will make an all out investment into a currency that is not stable at all. Just like you will go for an all out war without any plan and just sit there and watch how your army burn into ashes. I know bitcoin was trending and make a craziness to people but please dont make insane decisions.
Bitcoin is an investment method. So as every investment is carrying a risk bitcoin is also carrying a risk. So you had better to invest the amount you can tolerate to loss only
Yes it is definitely risky to turn all your money to bitcoin. As we know one of the main problem of bitcoin is it is not widely accepted yet, meaning you have little options on where to buy goods. And right now the price of bitcoin is unstable, it keeps moving up and down and I think right now is not a good time to invest.
It is very risky, my advice we do not have to use 100% of the capital we have. Because if all money made bitcoin, we can not directly used because it can loss if the price is not in accordance with what we want.
I agree to that, that is right that we should not put our 100% of our money into bitcoins because if we will be able to invest in bitcoin then put the safe amount of money in bitcoin, it means that you should just put the amount of money that you are feeling safe to let go because bitcoin is a very risky investment and it takes a lot of discipline and patience before you earn big.
It is very risky, my advice we do not have to use 100% of the capital we have. Because if all money made bitcoin, we can not directly used because it can loss if the price is not in accordance with what we want.
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
For me It depends on your entry point. If you bought it at 15K$ upward I think the risk is high considering its price today and the movement looks like very gradual. but if you bought it at 1K$ level I think its is ok to all in as long as you keep monitoring the price everyday. 
Yes risky to innvest your money to bitcoin, If you really notice bitcoin price is going up and down so we dont know when we will exit. Always remember the rules dont put ylur money one basket and invest you can afford to loss
Bitcoin has so far this year beaten many traditional investment asset in terms of ROI it has to offer on invested amount in shorter period. This make Bitcoin to be a lucrative investment. But never ever, even if you blindly trust your investment asset, invest in one asset. Always diversify your investments that too not among cryptocurrencies only but in various other assets as well. This saves the chances of complete loss. Invest about 30% of your salary but in different assets in which the most trusted asset should have the larger part in investment.
This is the same as putting eggs in one place, if the place breaks then all the eggs break, if we put all the money on bitcoin then we must be ready and accept the risk if someday the bitcoin price drop.
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